$2.5M  
In this week's report, the number of homes sold in the 93950 zip code market fell to 15 over the past 30 days. It marked a decrease of 16.7% from last week's report and a fall below the monthly average. In comparison, the nearby 93940 zip code had 36 sales in the same time frame, the most of all neighboring zip codes. There are four months of inventory remaining in the 93950 zip code, and the market is swinging toward the buyer, especially since the median sales price dropped to $799,000 this week.
Comments:

$6.8M  
A dip in the number of pending transactions in the 93950 zip code market over the last 30 days resulted in the lowest amount since February. While 21 homes went under contract, there were 18 completed sales. When comparing other close-by zip codes within the same period, the most came from the 93923 zip code with 48 contracts executed. As contracts found a bottom, prices have been increasing. The median sales price hit $874,500, extending a four-week long spike. In spite of contracts trending lower, rising prices and a low three months of inventory signal that the 93950 zip code is still a seller's market.
Comments:

93950 is an average-sized zip code in California with 15,046 residents. Its population is also growing slower than others at a 10-year growth rate of -2.9%. Detached homes account for 90% of the area's current housing market. The top schools in the zip code are Robert Down Elementary School and Pacific Grove Middle School.
Comments:

$784K  
In this week's report, the number of homes sold in the 93950 zip code market slid to 18 over the past 30 days, a decrease of 14.3% from last week's report, but still above the monthly average. On the other hand, the close-by 93940 zip code registered 33 homes sold in the same period, the most of all surrounding zip codes. The median sales price dropped to $912,500, down from last week's $950,000. Despite the slip in sales, a relatively low three months of inventory indicates that the 93950 zip code is a seller's market.
Comments:

$720K  
The 93950 zip code market slowed with a 4.5% sales drop in this week's report. However, overall sales numbers for the last 30 days remained above the monthly average (15.9) with 21 homes sold. In comparison, the nearby 93940 zip code had 35 sales in the same time frame, the most of all neighboring zip codes. The median sales price climbed to $950,000 over the latest reporting period for the 93950 zip code, up from $912,500. In spite of the decrease in sales, a low three months of inventory signals that the 93950 zip code is a seller's market.
Comments:

$2.6M  
The 93950 zip code market made strides in this week's report, as the number of home sales rose 10.0%, pushing the total to 22 homes sold over the last 30 days. In comparison, the nearby 93940 zip code had 37 sales in the same time frame, the most of all neighboring zip codes. The median sales price rose to $912,500 over the latest reporting period for the 93950 zip code, up from $899,000. With just two months of inventory available and sales going up, the 93950 zip code is a strong seller's market.
Comments:

$1.1M  
While home sales in the 93950 zip code market have been above average, in this week's report they fell 16.7% to 20 homes sold over the last 30 days. Meanwhile, the 93923 zip code reported 34 home sales, the highest number from all the surrounding zip codes. A months of inventory number of two reported this week continued a four-week downward trend. With inventory so low in the 93950 zip code, it's still a solid seller's market, even after taking into consideration the decrease in sales.
Comments:

$1.8M  
This week in the 93950 zip code market, sales rose to 24 homes sold over the last 30 days, which might be due in part to an extended upward trend in price reductions, with 17 being reported in the same time frame. Potential buyers should note that prices went up in the 93950 zip code, with the median for this period rising from $797,000 to $874,500. Along with the increase in sales, the fact that there are a lower-than-normal two months of inventory indicates that the 93950 zip code is a solid seller's market.
Comments:

93950 is a affluent zip code in California with a median income of $59,245 per household. The population is also considered much younger than most with a median age of 48 years. Keep in mind, 39.2% of the homes in the 93950 zip code are owned, while 46.7% are rented. Leading the list of best schools in the zip code are Robert Down Elementary School and Pacific Grove Middle School.
Comments:

$2.2M  
The number of home sales in the 93950 zip code market climbed 15.0% to 23 homes over the last 30 days. Within the same time frame, the 93923 zip code had 41 sales, the most of all zip codes in the area. The median sales price climbed to $797,000, up from last week's $792,406. Along with the increase in sales, the fact that there are a lower-than-normal two months of inventory indicates that the 93950 zip code is a definite seller's market.
Comments:
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